April 15 (Reuters) – The U.S. Treasury Department has begun asking private credit firms to submit information about their business models and ties to the regulated financial system, Punchbowl News reported on Wednesday citing sources familiar with the matter.
The Treasury is asking these firms about their recent performance and relationships with banks, insurance, and reinsurance companies, the report added.
Reuters could not immediately verify the report.
(Reporting by Angela Christy in Bengaluru; Editing by Andrew Heavens)
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